Downtown Orlando Flip! *LOCATION! LOCATION! LOCATION!

  • House
    1344 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $249,000
    Status : Sold
    Year Built : 1939
 Description
1400 E RIDGEWOOD ST ORLANDO FL 32803
$249k + cc
ARV ~ $350k
3/2 1344sqft
built 1939
market rents 1900
variety of strategies, lots of great salvageable pieces but some may choose to redo entire home
 Rehab Work Needed
 General Amenities
 Distance
Image Gallery

 Summary

Overview
Downtown Orlando Flip! *LOCATION! LOCATION! LOCATION! Sold
$249,000
Property ID: FL190239758
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32803
Country: USA


Flip Analysis

+ Purchase Price: $249,000
+ Purchase Closing Cost: $7,470
+ Rehab Cost: $30,000
Total Acquisition Cost: $286,470


+ Selling closing cost: $10,500
+ Agent Commision : $10,500
Total Holding Cost: $21,000


Total Flip Cost: $307,470
Projected ARV: $350,000
Net Income (Profit): $42,530
CAP Rate: 13.83%

 Message

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